It’s very easy, don’t invest £22 billion in R & D for carbon capture= no black hole, I’m not one for inflamed rhetoric, but I truly despise this government
That's not true: 2024-25 public sector pay awards (£9.4bn) “Normal Reserve claims” (£8.6bn)-as explained below, we don’t have full details of what this includes Additional asylum and illegal migration costs (£6.4bn) Additional rail passenger services and maintenance costs (£2.9bn) New policy commitments (£2.6bn)-this included extending the Household Support Fund to September 2024, launching the Advanced British Standard qualification framework and additional bus services support Overhang from previous years’ pay awards (£2.2bn) Additional military and civilian support for Ukraine (£1.7bn) Additional health costs (excluding pay) (£1.5bn)
proud to say that I did and this is the reason why. Real economics, realistic tax and spending ratios for an advanced economy and end to fantasy Tory tax and spending funded by massive borrowing we can never hope to pay off. This is exactly the budget Ken Clarke himself said the country needed and would make us much better off in the long term.
No we just hoped. We knew they won’t but we just hoped cos Tories were running a monkey show with musical chairs. We knew we are voting for different monkeys but we just hoped it would be different.
Biggest increase in taxes ever, Biggest increase in borrowing ever, Biggest increase in spending ever, No growth, no increase in GDP, broken promises, a failed budget 🥀 labour
@@Steve-uf8pk none of the above is actually true and Thatcher raised taxes massively in 1980. Worked out just fine for her Government. The borrowing is for infrastructure and the IMF has publicly backed them.
From a base of the highest tax levels and borrowing every already! And we're going to see eye-watering energy bill rises chasing the green unicorn. I can't wait for people's money to run out and lay offs to begin. The smug Labour voters will be up a creek without a paddle then.
I'm going on holiday to France coming back on a inflatable boat and all will be good! Like an idiot I worked, paid my share, now I can retire and freeze to death in a dirty hovel with no hot water to wash my privates, feck I am so thankful to those who voted for Labour.
How about the bonus the politicians also get which is more than the average person’s yearly salary! How about the housing, living, travel etc of the royal families?
Well done, Channel 4 and Beth, she is truly awesome. I loved it at the end, where she totally caught the Chancellor off guard and she started stuttering and sounding more desperate over the Gilt levels going up. Which they currently are as I type this. Keep holding them all to account, across all parties.
She won't get anything like £40 billion. This is a repeat of Dennis Healey. He raised taxes to an alarming rate and wondered why tax revenues actually fell and unemployment soared. The wealthy simply left Britain and took their money, and jobs, with them.
Thatcher raised taxes by even more and it led to a massive economic boom because like Reeves her Government gave the economy the kick it needed to get out of a years long economic rut. Ken Clarke himself said a few weeks back the country needed a budget like this if we were ever to have any hope of returning to kind of growth we were used to in the post war period.
@@pipoo1 Complete and utter BS! Ken Clarke was, and still is, a financial moron. Healey had the top rate of income tax at 95% (the Beatles recorded a song about it, "Taxman") and destroyed the economy. Thatcher invested in the country and got the economy going again, Reeves is simply fuelling inflation by giving massive pay rises to placate her Marxist Union bosses, giving billions to other countries for 'green energy' projects, letting Miliband waste billions more, and pouring further billions into the NHS, which will simply result in thousands more 'middle management' civil service jobs, like it has done every time before.
I grew up with a Labour government in the 70s and saw what thedid in the Brown and Blair years. I also researched Starmer and his Communist leanings before the election. I very proud to say i never voted for this lot. Whilst the Tories messed up massively it was still better than whats coming Sadly history is repeating itself
Whilst i agree mostly.. the tories had their chance and f'd it up too. They are not the answer. The 2 main parties have governed the country for over a hundred years Neither labour or tories are going to solve anythingthey are the cause...
Fair play to Beth Rigby. I always thought she was just anti tory. Actually she holds all of these cretins to account. I've gone from loathing her to loving her!
We are back to the 1970's with Denis Healey as chancellor - tax and spend - inflationary public sector wage awards and cozy public sector pensions left right and centre - the juice squeezed out of the private sector which is supposed to pay for all of this, and on top lay the golden eggs for future economic growth. I despair. All the smart money people will move abroad, the tax receipts will not materialise, unemployment will increase, and stagflation will abound.
@@DarkCreed every penny will go into the pockets of overpaid Consultants and GPs .......165K a year + 15% .......meanwhile pensioners on the basic state pension will be frezzing to death ...
When they get to the next country they intend to leech from they should return their UK Passport to the Home Office. The country has far too many "hedge fund managers" (carpetbaggers) and Buy to Let "investors" (Slumlords).
This country is moving off a cliff, I am moving to Canada if Poilievre is elected as PM, as I luckily have dual citizenship, otherwise I am stuck in this shithole under Labour!
£22bn black hole and the first thing she does is spaff £10bn per annum more on public sector pay and £22bn on trying to clean fresh air Bank of England economist? She couldn't manage the budge for the biscuit barrel.
This woman got an accountant to do her tax form at a cost of £1225 and she put this on her expenses, I thought she used to work for the economist and a bank, is she thick maybe not because her and her husband have two properties that they rent out and at cost of over £6,000 per month while they live in no 11 disgusting.
The increases are mostly increased wages and bloating of the quangos. The money will just get fat catted off or go to gold plating of pensions. It won't get to the front line.
Is it too hard to find someone smart to run this country? I have heard about this government blaming the previous one for several months and it seems they won’t stop in coming year.
The country is in a spiral of persistent debt. We are paying over £120b a year on the debt interest alone. In any other setting, somebody who is consistently buried in debt and only able to afford to pay off part of the interest, but none of the actual debt, is on a one-way road to financial ruin. Increasing borrowing is the single handed stupidest decision that anyone in government could make. We're going to end up in a situation before 2040 where our currency is going to need to be devalued because of the reckless decisions made by politicians - and for a country that relies on imports, that's going to hurt like hell in the future.
@@misssocrates3442Almost all the economies of Europe ( particularly in the EU ) are stagnant. Broke. Hard up. And cannot afford to provide decent health - care. Military - age 22 year olds from Mali, Afghanistan, or Syria being the exception. Canada, Australia, & Japan all face various ‘issues’ ( as Americans like to call problems ) with their universal healthcare provision. But they’re the only ones working well.
The community should agree with your point. The public should not suffer because of the war they do not have business with, but just because of their countries being the members of Nato? Which doesn't really make sense at all. No wonder many communities of the concerned Nato members are getting annoyed because it is their communities who suffer and struggle the most, while their countries' communities' money is being used for the wrong reasons 😮. Ukraine is not feeling any pinch of the struggle at all because each and every amount of money they need, Nato members, is making sure that Ukraine gets that amount, including the war materials. Which is one of the reasons why Ukraine is not going to even think of throwing the towel in the fighting ring, as they are still enjoying all the help they are getting from Nato 😄 😀. Not even a single soldier would like the war coming to an end, not when they are still earning that amount of money 😉 😀, not even knowing how long they are still going to be alive 😉. How long are those soldiers prepared to be without their spouses in those ugly, horrible places 😉? Only GOD knows 😉 what is happening on this planet, really. What a waste of time?
I agree, spending is a way of obtaining growth. As long as sending isn’t of the republican conservative type, that is, trickle down economics, which doesn’t work. It enriches the rich, yet, the poor and public services suffer.
@@WatersmithTV oh dear. Someone has been to the socialist school of economics. She’s hammering business which will cost jobs, hold wages down and limit investment. Wealth is created by business,s not government.
Personally I don't want to hear the phrase 22 billion black hole again
She just like a parrot keep repeating same phrase over and over 😢
She is saying that because the Truss put a massive hole in the budget which will impact for atleast 10 years to the british public
FYI, The Office for Budget Responsibility (OBR) has not backed up Rachel Reeve's claim of £22 billion black hole claim. So that was a lie
It’s 40 now
It’s not true, it’s choices she has made
labour have thrown the british people under the bus
Labour despise the Brits.
And charged us an extra pound for it
Reported to 2 tier UA-cam polic😂😂
Victim mentality!
Because tories were so much better right?!?!
This country is fucked
well said
Why so cynical?
by the tory party.
Be more optimistic
FYI, The Office for Budget Responsibility (OBR) has not backed up Rachel Reeve's claim of £22 billion black hole claim. So that was a lie
It’s very easy, don’t invest £22 billion in R & D for carbon capture= no black hole, I’m not one for inflamed rhetoric, but I truly despise this government
Time to stop paying tax at all
That's not true:
2024-25 public sector pay awards (£9.4bn)
“Normal Reserve claims” (£8.6bn)-as explained below, we don’t have full details of what this includes
Additional asylum and illegal migration costs (£6.4bn)
Additional rail passenger services and maintenance costs (£2.9bn)
New policy commitments (£2.6bn)-this included extending the Household Support Fund to September 2024, launching the Advanced British Standard qualification framework and additional bus services support
Overhang from previous years’ pay awards (£2.2bn)
Additional military and civilian support for Ukraine (£1.7bn)
Additional health costs (excluding pay) (£1.5bn)
And stop giving people 13% pay rises. That’s where it has come from
That s an incredible waste right there.
It doesn't work like
Very well done Beth!!
Brilliant interview by Beth Rigby. The chancellor clearly squirming in her seat
Outstanding Beth Rigby, make her squirm. These people are utterly awful. She looks utterly lost.
I am proud to say that I didn't vote Labour
Never surrender. 🇬🇧✊
Facts it’s a absolute car crash
lol the tories destoryed ur country schools hospitals infastructure growth productivity ur country is a dump and ur angry with labour womp womp
proud to say that I did and this is the reason why. Real economics, realistic tax and spending ratios for an advanced economy and end to fantasy Tory tax and spending funded by massive borrowing we can never hope to pay off. This is exactly the budget Ken Clarke himself said the country needed and would make us much better off in the long term.
@@pipoo1completely agreed.
And people thought Labour would stop the cost of living crisis well done
No we just hoped. We knew they won’t but we just hoped cos Tories were running a monkey show with musical chairs. We knew we are voting for different monkeys but we just hoped it would be different.
No one with common sense thought that
Biggest increase in taxes ever,
Biggest increase in borrowing ever,
Biggest increase in spending ever,
No growth, no increase in GDP, broken promises, a failed budget
🥀 labour
@@Steve-uf8pk none of the above is actually true and Thatcher raised taxes massively in 1980. Worked out just fine for her Government. The borrowing is for infrastructure and the IMF has publicly backed them.
From a base of the highest tax levels and borrowing every already!
And we're going to see eye-watering energy bill rises chasing the green unicorn. I can't wait for people's money to run out and lay offs to begin. The smug Labour voters will be up a creek without a paddle then.
our country is no longer a nice place to live
Or ours
Thus country is great why so any patriot? Another Brit hater 😂
I loathe Rigby with a passion, but it's good to see her take Reeves to task - someone needs to. Her arrogance puts previous Chancellors to shame.
perfunctory corporate legacy m$m clown show
I'm going on holiday to France coming back on a inflatable boat and all will be good! Like an idiot I worked, paid my share, now I can retire and freeze to death in a dirty hovel with no hot water to wash my privates, feck I am so thankful to those who voted for Labour.
Instead of the holiday to France maybe pay your heating first
yep ...someone that paid 5 or 6 stamps ...on pension credit getting broadband , 5k dental treatemnt free , fuel bills paid .......
Because tories did a great job.... 😮 Country was in a shambles with them
That’s what I said to my mate 😎
@@jadeprice2655Tory gone sheep, we’re talking about the current 🤡
Just call her what she is, a liar
There all liers!
A liar and a clown 🤡
Why for taxing the rich more?
Thank god we now have an nhs that still needs more money
But at leased has a bit more money
Scrap MPs £3500 winter fuel payments on 2nd homes.
And 8 MILLION a day for asylum hotels , cash cards and other benefits
How about billion on war ?
And all them sitting at home, because they are 'not well', who get benefits, free meals, gym passes and even brand new cars 😂
@@DarkCreedwhat about vets injured in conflict who can't work anymore?
@wiseget u should think before invaded countries. U can not cry now.
How about the bonus the politicians also get which is more than the average person’s yearly salary!
How about the housing, living, travel etc of the royal families?
Well done, Channel 4 and Beth, she is truly awesome. I loved it at the end, where she totally caught the Chancellor off guard and she started stuttering and sounding more desperate over the Gilt levels going up. Which they currently are as I type this. Keep holding them all to account, across all parties.
She won't get anything like £40 billion. This is a repeat of Dennis Healey.
He raised taxes to an alarming rate and wondered why tax revenues actually fell and unemployment soared. The wealthy simply left Britain and took their money, and jobs, with them.
It's what so-called liberal rich people do
I bet Brexit made more leave Britain than this budget will.
Thatcher raised taxes by even more and it led to a massive economic boom because like Reeves her Government gave the economy the kick it needed to get out of a years long economic rut. Ken Clarke himself said a few weeks back the country needed a budget like this if we were ever to have any hope of returning to kind of growth we were used to in the post war period.
@@pipoo1 Not with Labour in charge of it.
@@pipoo1 Complete and utter BS! Ken Clarke was, and still is, a financial moron.
Healey had the top rate of income tax at 95% (the Beatles recorded a song about it, "Taxman") and destroyed the economy. Thatcher invested in the country and got the economy going again, Reeves is simply fuelling inflation by giving massive pay rises to placate her Marxist Union bosses, giving billions to other countries for 'green energy' projects, letting Miliband waste billions more, and pouring further billions into the NHS, which will simply result in thousands more 'middle management' civil service jobs, like it has done every time before.
Starmer used to recite We have fully costed plans. Only fools believed him
Like he did the Rotherham ring 😂
I grew up with a Labour government in the 70s and saw what thedid in the Brown and Blair years. I also researched Starmer and his Communist leanings before the election. I very proud to say i never voted for this lot. Whilst the Tories messed up massively it was still better than whats coming Sadly history is repeating itself
Whilst i agree mostly.. the tories had their chance and f'd it up too.
They are not the answer.
The 2 main parties have governed the country for over a hundred years
Neither labour or tories are going to solve anythingthey are the cause...
Labour lied
They can't keep blaming the tories
They are choosing the direction now and they will be held responsible
Reeves always speaks with no emotion.
They are F-ing liars!
What a horror show of a government they are ……and as for her well ..words fail me. Liar .
Fair play to Beth Rigby. I always thought she was just anti tory. Actually she holds all of these cretins to account. I've gone from loathing her to loving her!
Yes me too but let’s be honest she isn’t a Labour supporter with her wealth
@@crispyduck1706Which has absolutely nothing to do with it.
Liars cant answer direct questions !!
She is just repeating herself like a puppet. Reduce these MP salaries by 30% then watch the hole fill up without effecting any one. !!!
is Reeves broken? 22 billion black hole, 22 billion black hole, 22 billion black hole
Is it just me but Reeves speaks like English isn't her first language, she is just like a robot!!!
@ exactly, reminds me of the total recall movie. Two weeks, two weeks 🤣🤣
Complaining about "inheriting" a black hole then destroys our inheritance through tax. Cheeky.
Dirty liar……sack her!
This is a con job
How to crash an economy. But hey, at least the boys on the small boats will be looked after! 🤡
Like we were in a great place before this
Unlike the great Tory Truss.
@@DarkCreed Economy was improving under Sunak
@wiseget only victims are the people blinding by our hate for each other
@wiseget ?
Where does all our money go? We are highly taxed, the government continues to borrow. Seriously, where does all our money go?
I hope that those who voted these maniacs into power are thrilled beyond measure.
Well done Beth
😂😂😂😂😂I
All of them OUT
She’s lying.
We are back to the 1970's with Denis Healey as chancellor - tax and spend - inflationary public sector wage awards and cozy public sector pensions left right and centre - the juice squeezed out of the private sector which is supposed to pay for all of this, and on top lay the golden eggs for future economic growth. I despair. All the smart money people will move abroad, the tax receipts will not materialise, unemployment will increase, and stagflation will abound.
Beth Rigby 1:0 Rachel Reeves
She usually beats every politician she faces, nothing unusual to see here.
And pensioners can freeze, what a loathsome individual.
Interviewer did well to expose the lies in the manifesto.
Reeves out out out
Why have we not invoked a loss of confidence Yet????
Lies lies lies, it never changes for the better. I'm sick of all of them.
Labour will lose the next election 😂😂 she’s off her rocker smh completely sold people a dream
Agree - how many MPs will they loose? Lie, win election, show true colors 😭
And back to that Tory hell hole? At least the money from this goes to our schools and hospitals, not the Tory pockets.
Maybe but the last government seems just as bad. No clue what the best alternate would be. Too many corrupt politicians.
@@DarkCreed every penny will go into the pockets of overpaid Consultants and GPs .......165K a year + 15% .......meanwhile pensioners on the basic state pension will be frezzing to death ...
@@DarkCreedcertainly not to people who can’t afford to keep warm.
I am not going to vote Labour for ever. Crazy government. Investment and people are leaving UK.
Can't blame her she's right
That already happened under Cons government... Remember Brexit.
When they get to the next country they intend to leech from they should return their UK Passport to the Home Office. The country has far too many "hedge fund managers" (carpetbaggers) and Buy to Let "investors" (Slumlords).
A chancellor who promised honesty and doesn’t answer questions or gives false answers. #truelabour
This country is moving off a cliff, I am moving to Canada if Poilievre is elected as PM, as I luckily have dual citizenship, otherwise I am stuck in this shithole under Labour!
She's even got the nerve to wear a poppy!
In October! I’m a veteran and detest these people turning commemoration into virtue-signaling narcissism.
Yes paid for by the British taxpayer
she a lieing slapper ,
Politicians should take a 50% pay to help the cause 🖕
"Thieves" is untrustworthy and literally unbelievable from now and forever
£22bn black hole and the first thing she does is spaff £10bn per annum more on public sector pay and £22bn on trying to clean fresh air
Bank of England economist? She couldn't manage the budge for the biscuit barrel.
She only lies when her mouth moves
She hates farmers
Yep and anyone with more than a fiver in their pocket…
She’s talking total crap!
Criminal
She needs to resign. Utter shambles
lol
taxation =theft its absolutely ridiculous
I give it 5 months and then they will resign!
Liar!
This woman got an accountant to do her tax form at a cost of £1225 and she put this on her expenses, I thought she used to work for the economist and a bank, is she thick maybe not because her and her husband have two properties that they rent out and at cost of over £6,000 per month while they live in no 11 disgusting.
So we as the people should have seen the state of the economy.... but they didn't and that's OK
I wonder if I got on a boat without any documentation and sailed over the France, landed on the beach, how long would it take for me to get deported?
Lie after lie after lie. Does she think we are as stupid as her 😂
Getting into power based on deceit........
Beth is brilliant!
JUST ANSWER THE QUESTIONS !!! For goodness sake.
Reeves is a disaster
Where is this 22bn black hole, doesn't she mean 14bn, she has given 8bn to train drivers and more to NHS
The increases are mostly increased wages and bloating of the quangos. The money will just get fat catted off or go to gold plating of pensions. It won't get to the front line.
The battle of the bob
I wouldn't let her be the banker in a game of Monopoly.
Spot on
she makes a cracking cup of tea
Is it too hard to find someone smart to run this country?
I have heard about this government blaming the previous one for several months and it seems they won’t stop in coming year.
Labour are always a financial disaster except we can't afford yet another one. No growth, more debt spells doom.
Liar liar
The country is in a spiral of persistent debt. We are paying over £120b a year on the debt interest alone. In any other setting, somebody who is consistently buried in debt and only able to afford to pay off part of the interest, but none of the actual debt, is on a one-way road to financial ruin.
Increasing borrowing is the single handed stupidest decision that anyone in government could make. We're going to end up in a situation before 2040 where our currency is going to need to be devalued because of the reckless decisions made by politicians - and for a country that relies on imports, that's going to hurt like hell in the future.
Why should the tax payer foot the bill for the Horizon scandal?
Labour was laughing there heads off today in parliament
Why not. They taxing the rich to fix our schools and hospitals.
Stutter stutter blame others and deny
Vote Reform or suffer the consequences
Totally clueless- totally liebour! The taxpayers ae paying for these muppets!
If that's the best automanon AI can produce, I suggest we go back to real humans.
Hosing money at the NSH? How many times has that been tried? If the bloody thing was any good why does no other country do health in the same way?
It does.... look up free universal health care its all over the e.u.
The NHS worked wonders back in 2010 before Cameron siphoned away its money...
@@misssocrates3442Almost all the economies of Europe ( particularly in the EU ) are stagnant. Broke. Hard up.
And cannot afford to provide decent health - care. Military - age 22 year olds from Mali, Afghanistan, or Syria being the exception.
Canada, Australia, & Japan all face various ‘issues’ ( as Americans like to call problems ) with their universal healthcare provision.
But they’re the only ones working well.
Well done, Beth. Keep holding them to account
lying , this was all known before they released the manifesto
Credit to this journalist she really went in!
Avoiding questions like the plague same old bollocks
Anyone else think this looks like a Swing Out Sister lookalike competition
So how many Billions are they giving to Ukraine!
£3bn to Ukraine and £2.9 to our MOD but reduction overall on our defence spend vs GDP
The community should agree with your point. The public should not suffer because of the war they do not have business with, but just because of their countries being the members of Nato? Which doesn't really make sense at all. No wonder many communities of the concerned Nato members are getting annoyed because it is their communities who suffer and struggle the most, while their countries' communities' money is being used for the wrong reasons 😮. Ukraine is not feeling any pinch of the struggle at all because each and every amount of money they need, Nato members, is making sure that Ukraine gets that amount, including the war materials. Which is one of the reasons why Ukraine is not going to even think of throwing the towel in the fighting ring, as they are still enjoying all the help they are getting from Nato 😄 😀. Not even a single soldier would like the war coming to an end, not when they are still earning that amount of money 😉 😀, not even knowing how long they are still going to be alive 😉. How long are those soldiers prepared to be without their spouses in those ugly, horrible places 😉? Only GOD knows 😉 what is happening on this planet, really. What a waste of time?
the interviewer just took her soul
time to gtfo
It clearly never occurred to her to spend less rather than draining the economy of even more revenue.
Spending doesn't drain the economy of revenue, it does the literal opposite. If somebody spends, somebody earns.
I agree, spending is a way of obtaining growth. As long as sending isn’t of the republican conservative type, that is, trickle down economics, which doesn’t work. It enriches the rich, yet, the poor and public services suffer.
@@WatersmithTV oh dear. Someone has been to the socialist school of economics. She’s hammering business which will cost jobs, hold wages down and limit investment. Wealth is created by business,s not government.
Extra Govt spending will not move the growth dial over a 5 year period. This will prove to be more borrowed money down the drain!
“The last government, The last government, The last government” 😖
just listen to how many times the £22billion is mentioned in this interview by Reeves
Absolutely screwed now. Liars the lot
Well done sky,
What happened to fully costed?
Why are we paying for the mistakes in the post office scandal? Why isn’t Fujitsu paying that?
Did she say 22b black hole?
just a couple of times
Where is the breakdown of this 22 billion hole ?- what did the recent massive increases in pay deals cost , are they part of that black hole ?
Yesnhs pay rises and increase in migrant/social care...
Previous government blame game ... Shut up
ha ha obr has said the 22 billion black hole doesnt even exist
Said Rishi, who always gets it wrong 😂